Global Home Furnishings And Floor Coverings Market Opportunities 2024, Forecast To 2033
12 Jan, 2024
The home furnishings and floor coverings market has seen substantial growth, rising from $125.86 billion in 2023 to $134.9 billion in 2024, reflecting a 7.2% CAGR. Historical growth is linked to housing market trends, consumer lifestyle changes, economic conditions, and demographic factors. The forecast suggests continued strong growth, projecting a market size of $174.83 billion in 2028, with a CAGR of 6.7%. Anticipated drivers include e-commerce and digitalization, smart home integration, health and wellness focus, and influences from hospitality and commercial spaces. Key trends include sustainability, multi-functional solutions, and personalized offerings.
Global Home Furnishings And Floor Coverings Market Key Driver
Growing online shopping boosts the home furnishing and floor coverings market. Increased geographic exposure for manufacturers through e-commerce platforms expands customer bases, fostering market growth.
Get A Free Sample Of The Global Home Furnishings And Floor Coverings Market ReportGlobal Home Furnishings And Floor Coverings Market Segments
The home furnishings and floor coverings market covered in this report is segmented –
1)By Type: Home Furnishings, Floor Coverings
2)By Price Point: Mass, Premium
3)By Distribution Channel: Supermarkets and Hypermarkets, Specialty Stores, E-commerce, Other Distribution Channels
4)By Application: Household, Commercial
Subsegments Covered: Curtains, Bed Spreads, Towels-Home Furnishings, Other Home Furnishings, Carpets And Rugs, Mats
By Geography: The regions covered in the home furnishings and floor coverings market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions
Asia-Pacific was the largest region in the home furnishings and floor coverings market in 2023. North America was the second largest region in the home furnishings and floor coverings market. The regions covered in the home furnishings and floor coverings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Home Furnishings And Floor Coverings Industry Players
Mohawk Industries Inc., Ashley Furniture Industries Inc., Berkshire Hathaway Inc., Tarkett SA, Masco Corporation, Beaulieu International Group, Gerflor SAS, Interfaceflor LLC, TOLI Corporation, Balta Group NV, MillerKnoll Inc., Steelcase Inc., La-Z-Boy Inc., Leggett & Platt Incorporated, Tempur Sealy International Inc., Ethan Allen Interiors Inc., HNI Corporation, Shaw Industries Group Inc., Newell Brands Inc., LG Electronics Inc., Samsung Electronics Co. Ltd., Panasonic Corporation, Electrolux AB, Miele & Cie KG, Dyson Ltd., iRobot Corporation, Hunter Fan Company, Casper Sleep Inc., Purple Innovation Inc., Tuft & Needle LLC, Saatva Inc., Amerisleep LLC, Leesa Sleep LLC, Avocado Green Brands
Get The Full Global Home Furnishings And Floor Coverings Market Report
Home Furnishings And Floor Coverings Market Overview
Home furnishings and floor coverings refer to a room's or house's furnishings, which include the furniture, drapes, carpets, and accents like artwork, whereas "floor covering" refers to something used to cover a room's floor, such as a carpet.
Home Furnishings And Floor Coverings Global Market Report 2023 provides data on the global home furnishings and floor coverings market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The home furnishings and floor coverings market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.